Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
Kenyan Shilling/Swiss Franc (FOREX:KESCHF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for KESCHF
The long term trend has been UP since Feb 4th, 2019 at 0.99445
The intermediate term trend has been UP since Jan 18th, 2019 at 0.97690
The short term trend has been DOWN since Feb 18th, 2019 at 1.00370
Smart Scan Analysis for KESCHF
Based on a pre-defined weighted trend formula for chart analysis, KESCHF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).